Nigerian stock market records 0.48% gain
11 July 2017 | 2:33 pm
It was a positive start to the week as the Nigerian equities market recorded a 0.48 per cent gain at the close of trading on Monday.
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31 Oct 2020
Forbes Africa goes behind the scenes for our October edition celebrating 60 years of Nigerian Independence. Our October issue profiles NIGERIA’S NEW TYCOONS, those remarkable entrepreneurs leveraging technology to help Africa leapfrog years of economic stagnation and missed opportunities to build a new rising Africa. This month we celebrate three such tycoons, Fara Ashiru Jituboh, Iyin Aboyeji and Obi Ozor.
13 Nov 2020
“How can you do the right thing and still get punished for it,” laments Abuja-based restaurateur, as CORRUPT Federal Capital Territory Council personnel seal off her restaurant with staff and customers inside!
6 Dec 2020
Swiss voters have narrowly rejected stricter ethical rules for many global firms based in the Alpine republic. A separate poll calling on banks and pension funds to stop funding arms makers was also defeated.
7 Dec 2020
Political newcomers have it tough in a country where long-established families dominate the polls. The top presidential candidates in the December 7 election are all offspring of Ghana's independence-era "Big Six."
8 Jan 2021
African free trade bloc opens for business, but challenges remain. ... Backers say it will boost trade among African neighbours while allowing the continent to develop its own value chains. The World Bank estimates it could lift tens of millions out of poverty by 2035.
13 Jan 2021
With Qataris streaming into Saudi Arabia following the border re-opening, business owners in the al-Ahsa area say they are hopeful to see the economy boom again after "suffering economically" from the feud between Riyadh and Doha. Saudi Arabia shut its side of Qatar's only land border in June 2017 as part of a package of sanctions it said was a response to Doha's backing of radical Islamist groups and closeness to Iran. Qatar has always denied the charges.
12 Feb 2021
Disney's shares have rallied after the company reported better than expected results for its latest quarter. Sales came in at €16.2 billion, down 22 percent from the previous year, amid a continuing hit from the pandemic. But its streaming business Disney+ is continuing to grow as people stay home for longer, offsetting losses made at its theme parks that have suffered months of shutdown. Plus, as dining out is not an option for many couples this Valentine's Day, a handful of hotels in Brussels are offering quality time and fancy dinners for two – in guest rooms.
19 Feb 2021
Newly appointed World Trade Organization (WTO) director-general Ngozi Okonjo-Iweala said on Monday she doesn't want to see "business as usual" as she will need to broker international trade talks in the face of U.S.-China conflict, respond to pressure to reform trade rules and counter protectionism heightened by the COVID-19 pandemic
20 Feb 2021
This young Kenyan entrepreneur isn't sitting on a fortune. But that hasn't stopped her from starting her own business. Nowadays, she is successfully selling Hijabs.
5 Apr 2021
Wigs made from human hair have become more popular in Cameroon in recent years. Stores are fully stocked with wigs in all different colors and styles. Suppliers import the hair mainly from India, Europe, and Middle East.
19 Apr 2021
Offering a shared pot of €3.5 billion to start with, the newly-proposed football competition known as the European Super League would divvy up revenue among a smaller group of elite clubs. We tell you more. Also, we take a look at the French government's plan to aid farmers reeling from this month's cold spell.
31 May 2021
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
2 hours ago
The Africa Cup of Nations tournament in Cameroon has been filled with drama but not that many onlookers. The government is aiming to try and fill up empty stadiums as supporters prefer fan zones. But first, one protester is killed in Sudan as two top US diplomats arrive in the country to try to speak to all sides involved in the deepening crisis. And in a major step for the fight against the Covid-19 pandemic in Africa, South Africa has opened a new vaccine plant, the first on the continent to cover the entire process from start to finish.
4 hours ago
Police in the eastern Democratic Republic of Congo have detained members of a group allegedly linked to the killing of Italy's ambassador last year as well as more recent kidnappings of NGO workers, a provincial police chief said on Tuesday.
4 hours ago
Ambassadors of Israel and Germany say denying the Holocaust threatens peaceful coexistence worldwide. Their appeal comes 80 years after the Wannsee Conference, where Nazis discussed the extermination of Europe's Jews.
5 hours ago
Athletes travelling to next month's Beijing Olympics were warned on Tuesday (January 18) about speaking up on human rights issues while in China for their own safety by speakers at a seminar hosted by Human Rights Watch. Rights groups have long criticized the International Olympic Committee (IOC) for awarding the Games to China, citing the treatment by the Chinese government of the Uyghurs and other Muslim minority groups, which the United States has deemed genocide.
5 hours ago
Pakistan is the world's fourth largest producer of milk. Domestic demand is strong and some 90 percent of the population consumes untreated raw milk. This provides an opportunity for corrupt retailers but also for farmers who are trying to survive inflation and falling profits. Some use illegal methods to increase the volume of the precious liquid – diluting milk with tap water is one of the most widespread techniques. Others even create fake milk from chemicals. Faced with this serious threat to public health, the authorities in Punjab province have stepped into action, as our correspondents report.